ROSS RD 78617
| Owner | TCHFC AGAVE EAST LAND LLC |
|---|---|
| Parcel ID | 0336360109 |
| Short ID | 961799 |
| Type | Real |
| Use Code | 08 Apartment 100+ Units |
| Valuation | Income |
| Improvement SF | 198,000 SF |
| Land SF | 510,393 SF |
| Acres | 11.717 |
| Year Built | 2024 |
| Legal | MOORES CROSSING H/K BLK A LOT 1 |
| Neighborhood | _RGN415 |
| Land | $1,020,785 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $1,020,785 |
| Improvement | $46,437,215 |
|---|---|
| Total Improvement | $46,437,215 |
| Market | $47,458,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $47,458,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $47,458,000 |
| Taxable Value | $47,458,000 |
|---|
Appreciation: Market value has risen +7454.4% from $628,216 (2023) to $47,458,000 (2025), a CAGR of 769.2% over 2 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Multi-Family parcel countywide fell -15.8%, so this parcel has outpaced the broader multi-family market over the same period.
Asset Class: Multi-family residential. This is valued using the income approach, so changes in rent roll or occupancy move the appraisal more directly than they would for a cost-approach property.
Value Composition: Land carries 2% of market value ($1,020,785 land vs $46,437,215 improvements), about $2/SF of land. Most value sits in the improvements, so building condition, age (~2 yrs), and rent roll drive the underwriting.
Submarket Position: At $47,458,000, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,778 (P25 $438,669 / P75 $749,859, n=12,584). Multi-Family here is the broad TCAD category — every multi-family property countywide, any size or use — not a use-code-specific peer group. See the Peer Set and the Where This Property Stands benchmark below, which narrows to this property's actual use code, for parcel-level comparables.
Forward Outlook: Holding the +769.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,354,022,062,984 by 2030, with an estimated annual tax burden around $0. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
No delinquent taxes on record.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 198,000 SF | ✓ |
Market value changed by 2832% in 2023, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $46,002,000 | $47,458,000 | -3.1% |
| Assessed Value | $46,002,000 | $47,458,000 | -3.1% |
| Land Value | $1,020,785 | $1,020,785 | +0.0% |
| Improvement Value | $44,981,215 | $46,437,215 | -3.1% |
| Taxable Value | — | — | — |
| Exemptions | — | E | |
| Total Tax | Pending certification | — | |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $46,002,000 | $46,002,000 | +0 (+0.0%) |
| Taxable Value | — | — | — |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $46,002,000 | $1,020,785 | $44,981,215 | — | $46,002,000 | $— | Not yet — post-cert | Certified — no billing yet |
| 2025 | $47,458,000 | $1,020,785 | $46,437,215 | — | $47,458,000 | $— | not in county billing file ⓘ | Partial |
| 2024 | $18,421,025 | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2023 | $628,216 | — | — | — | — | $— | not in county billing file ⓘ | Partial |
| 2022 | $— | — | — | — | — | $— | $620 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -3.1% | -3.1% | ~100% | Not available | Partial |
| 2025 | +32.5% | +32.5% | ~100% | Not available | Partial |
| 2024 | +94.4% ! | +94.4% | ~100% | No billing data | Verified |
| 2023 | +2832.3% ! | +2832.3% | ~100% | No billing data | Verified |
| 2022 | base year | — | ~100% | 0.1000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +7454.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -3.1% | +995.6% | +774.7% | +2832.3% | 2024 | -3.1% | 2026 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2025 | 100.0% | 2025 |
|
Effective Tax Rate (2025)
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
|
Tax Amount
⚑ Billing data available for 2025 only |
— | — | — | — | — | — | — |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$412,486,416 | ~$412,486,416 | ~0.0000% | ~$0 | +769.2% |
| 2027 | ~$3,585,170,967 | ~$3,585,170,967 | ~0.0000% | ~$0 | +7454.4% |
| 2028 | ~$31,160,906,998 | ~$31,160,906,998 | ~0.0000% | ~$0 | +65560.0% |
| 2029 | ~$270,838,443,682 | ~$270,838,443,682 | ~0.0000% | ~$0 | +570590.8% |
| 2030 | ~$2,354,022,062,984 | ~$2,354,022,062,984 | ~0.0000% | ~$0 | +4960121.8% |
| 2026 | ~$411,537,256 | ~$411,537,256 | ~0.0000% | ~$0 | +767.2% |
| 2027 | ~$3,568,690,493 | ~$3,568,690,493 | ~0.0000% | ~$0 | +7419.7% |
| 2028 | ~$30,946,291,344 | ~$30,946,291,344 | ~0.0000% | ~$0 | +65107.7% |
| 2029 | ~$268,354,162,341 | ~$268,354,162,341 | ~0.0000% | ~$0 | +565356.1% |
| 2030 | ~$2,327,062,575,760 | ~$2,327,062,575,760 | ~0.0000% | ~$0 | +4903314.8% |
| 2026 | ~$413,435,576 | ~$413,435,576 | ~0.0000% | ~$0 | +771.2% |
| 2027 | ~$3,601,689,407 | ~$3,601,689,407 | ~0.0000% | ~$0 | +7489.2% |
| 2028 | ~$31,376,512,620 | ~$31,376,512,620 | ~0.0000% | ~$0 | +66014.3% |
| 2029 | ~$273,339,933,860 | ~$273,339,933,860 | ~0.0000% | ~$0 | +575861.8% |
| 2030 | ~$2,381,230,838,124 | ~$2,381,230,838,124 | ~0.0000% | ~$0 | +5017454.1% |
In 2025, this property's market value of $47,458,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — 91× the county median of $519,778. Multi-Family here is the broad TCAD category — every multi-family property countywide, any size or use — not a use-code-specific peer group. Use the Use Code filter above to narrow to this property's actual type.
| Year | This Property | Bottom 25% | Median | Top 25% | Position | Group YoY |
|---|---|---|---|---|---|---|
| 2025 | $47,458,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $18,421,025 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $628,216 | $503,905 | $617,035 | $919,932 | ↑ Above median | +0.9% |
| 2022 | — | $506,618 | $615,058 | $906,429 | — | +39.1% |